Asian stocks ease, oil sinks as US weighs reserves release
Asian stocks on Thursday eased after this week's global rally, following Wall Street's overnight stumble, while oil dropped sharply as the United States weighed a massive draw from its reserves to rein in surging fuel prices. Brent crude futures were down 4.4% at $108.50 a barrel and U.S. crude futures fell more than 5% to $101.76 a barrel in morning trade.